Eurex to launch Xetra-Gold futures and optionsEurex will launch futures and options on Xetra-Gold, Germany’s leading exchange-traded commodity by order book turnover. The launch date is September 28.Xetra-Gold is a zero-coupon bond issued by Deutsche Börse Commodities and denominated in gold. Each bearer bond conveys the right to obtain 1g of gold from the issuer. Notes are backed by physical gold, and have been traded on Xetra since December 14. Deutsche Bank is designated sponsor, and quotes binding prices continuously during stock exchange hours, as long as normal trading conditions persist. Prices are based on the dollar price of gold and the dollar-euro exchange rate.The new derivatives will be physically settled by delivery of the Xetra-Gold exchange-traded commodity. The buyer also has the right to request delivery of physical gold. The contracts will expire on the third Friday of the next three calendar months and of March, June, September and December.Peter...